The CSX rail company, hard hit by a sharp decline in coal transport, said it currently moves about 70,000 barrels of crude oil per day, mostly between the Bakken region and terminals in New York and Pennsylvania. “It makes up a small part of our business, about 1 percent, but we do think there’s…
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This is a condensed version from the BLET union, please see full article here: Brotherhood of Locomotive Engineers and Trainmen A call to arms: Join me in our National Contract fight By Dennis R. Pierce, BLET National President (BLET Editor’s Note: The following message from BLET National President Dennis R. Pierce has been excerpted from…
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In fact, volumes in CSX’s coal segment were down by 21% on a year-over-year basis, which led to a massive drop in revenue from this segment. More specifically, CSX’s coal revenue, which accounted for 17% of its overall revenue last quarter, fell 20% year-over-year to $467 million last quarter. This is a trend that we…
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Company Perspectives: CSX is a transportation company committed to being a leader in railroad, inland water, and containerized distribution networks. To attract the human and financial resources necessary to achieve this leadership position, CSX will support our three major constituencies: For our customers, we will work as a partner to provide excellent service by meeting…
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Companies in the Railroads industry operate railroad tracks and/or trains, as well as transport cargo and passengers. These corporations are generally established and stable, and offer lower-than-average dividend yields. Today, Stock-Callers.com reviews the following equities: CSX Corp. (NASDAQ: CSX), Union Pacific Corp. (NYSE: UNP), Westinghouse Air Brake Technologies Corp. (NYSE: WAB). Jacksonville, Florida-based CSX…
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CSX Corp. (CSX) has been receiving awards while delivering for investors. In regards to the former, CSX was just named to the Dow Jones Sustainability Index for North America for the sixth year in a row, and it received the Award of Excellence in Public Safety for its “CSX Rail Respond” mobile-commuting application. CSX was…
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